CASH FLOWS STATEMENTS - USD ($)
$ in Millions |
3 Months Ended |
9 Months Ended |
Mar. 31, 2016 |
Mar. 31, 2015 |
Mar. 31, 2016 |
Mar. 31, 2015 |
| Operations |
|
|
|
|
| Net income |
$ 3,756
|
$ 4,985
|
$ 13,676
|
$ 15,388
|
| Adjustments to reconcile net income to net cash from operations: |
|
|
|
|
| Depreciation, amortization, and other |
1,707
|
1,515
|
4,712
|
4,464
|
| Stock-based compensation expense |
672
|
641
|
2,004
|
1,920
|
| Net recognized losses (gains) on investments and derivatives |
65
|
(55)
|
216
|
(179)
|
| Deferred income taxes |
351
|
253
|
177
|
868
|
| Deferral of unearned revenue |
13,073
|
10,163
|
36,066
|
28,385
|
| Recognition of unearned revenue |
(12,210)
|
(11,209)
|
(35,494)
|
(33,347)
|
| Changes in operating assets and liabilities: |
|
|
|
|
| Accounts receivable |
2,288
|
3,655
|
5,546
|
6,904
|
| Inventories |
241
|
(430)
|
408
|
157
|
| Other current assets |
(420)
|
(111)
|
(1,914)
|
(550)
|
| Other long-term assets |
7
|
(108)
|
58
|
341
|
| Accounts payable |
(129)
|
(390)
|
105
|
(912)
|
| Other current liabilities |
626
|
200
|
(1,293)
|
(1,952)
|
| Other long-term liabilities |
340
|
492
|
594
|
1,332
|
| Net cash from operations |
10,367
|
9,601
|
24,861
|
22,819
|
| Financing |
|
|
|
|
| Proceeds from issuance (repayments) of short-term debt, maturities of 90 days or less, net |
2,622
|
(6,575)
|
481
|
1,222
|
| Proceeds from issuance of debt |
25
|
10,680
|
13,274
|
10,680
|
| Repayments of debt |
(900)
|
0
|
(2,771)
|
(1,500)
|
| Common stock issued |
159
|
146
|
495
|
483
|
| Common stock repurchased |
(3,857)
|
(5,131)
|
(12,292)
|
(10,164)
|
| Common stock cash dividends paid |
(2,842)
|
(2,532)
|
(8,185)
|
(7,386)
|
| Other |
(123)
|
316
|
(366)
|
601
|
| Net cash used in financing |
(4,916)
|
(3,096)
|
(9,364)
|
(6,064)
|
| Investing |
|
|
|
|
| Additions to property and equipment |
(2,308)
|
(1,391)
|
(5,688)
|
(4,163)
|
| Acquisition of companies, net of cash acquired, and purchases of intangible and other assets |
(559)
|
(162)
|
(1,330)
|
(3,097)
|
| Purchases of investments |
(27,341)
|
(30,218)
|
(99,661)
|
(73,470)
|
| Maturities of investments |
5,192
|
5,561
|
16,229
|
9,643
|
| Sales of investments |
19,599
|
21,063
|
76,292
|
53,616
|
| Securities lending payable |
(66)
|
(334)
|
281
|
(463)
|
| Net cash used in investing |
(5,483)
|
(5,481)
|
(13,877)
|
(17,934)
|
| Effect of foreign exchange rates on cash and cash equivalents |
17
|
(36)
|
(45)
|
(76)
|
| Net change in cash and cash equivalents |
(15)
|
988
|
1,575
|
(1,255)
|
| Cash and cash equivalents, beginning of period |
7,185
|
6,426
|
5,595
|
8,669
|
| Cash and cash equivalents, end of period |
$ 7,170
|
$ 7,414
|
$ 7,170
|
$ 7,414
|